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PMI FEBRUARY 2023
US manufacturing activity scales four-year high in May, ISM saysAmerican manufacturing saw a significant boost in May, reaching its highest point in four years. Businesses are ordering ahead due to risin...- US service sector cools in March; price paid measure highest in 3.5 yearsU.S. services sector growth slowed in March, while prices paid by businesses for inputs climbed to near a 3-1/2-year high, an early sign th...
- India's FY27 GDP growth forecast downgraded to 6.8-6.9% amid energy supply disruptions: ReportICICI Bank has updated its GDP growth outlook for India, reducing it to a range of 6.8-6.9 percent for the fiscal year 2027. This alteratio...
- India's private sector growth hits 3 year low as Middle East war hits demandIndia's private sector saw its slowest growth in three years in March. Price increases from the Middle East conflict impacted domestic dema...
- US manufacturing slips back into contraction as tariffs angst mountsU.S. manufacturing contracted in March, with the ISM Manufacturing PMI falling to 49.0 from 50.3 in February, ending two months of growth. ...
- Private Sector Activity Slows in March on Tardy Services ShowThe HSBC Flash India Composite Output Index was at 58.8 in February and 61.8 in March 2024. The Composite Purchasing Managers Index (PMI) i...
- Manufacturing activity in February eases to 14-month lowIndia's manufacturing activity grew at its weakest pace in over a year last month due to cooling demand. However, employment generation ros...
- Japan's factory activity shrinks for 8th straight month, PMI showsJapan's factory activity declined for the eighth month in February, but the downturn slowed, indicating potential recovery. The flash manuf...
- 2024 ends on positive note as business activity hits 4-mth highIndia's business activity reached a four-month high in December, driven by increased output in both goods and services sectors. The composi...
- US service sector activity accelerates to 1-1/2-year high; employment decliningU.S. services sector activity surged to a 1-1/2-year high in September due to strong growth in new orders. This suggests the economy stayed...
- March services PMI at 61.2In March, the HSBC India Services Business Activity Index surged due to strong demand and new export orders, leading to a substantial incre...
- India's March services growth strong, exports at record high: PMI dataThe final HSBC India Services Purchasing Managers' Index , compiled by S&P Global, rose to 61.2 last month from February's 60.6, confoundin...
- India's March manufacturing PMI rises to 16-year high as output and orders jump to highest since October 2020India's manufacturing sector ended FY24 with remarkable performance, as reflected in the HSBC India Manufacturing PMI hitting a 16-year hig...
- US manufacturing sector grows for the first time in 1.5 yearsIn March, U.S. manufacturing experienced its first growth in 1.5 years, as indicated by the Institute for Supply Management's (ISM) manufac...
- Global Economy: Weak Asian factories take shine off China's reboundAsia's factory activity weakened in March despite China's rebound. Japan, South Korea, Taiwan, Malaysia, and Vietnam saw shrinkage. China's...
- China's factory activity expands at fastest clip in 13 months, Caixin PMI showsChina's manufacturing activity in March saw a significant boost, hitting 51.1 in PMI. Despite positive forecasts and reduced costs, challen...
- Key indicators point to economic resilience at the end of FY24: NCAERNCAER's economic review forecasts a strong outlook for India's economy, with robust manufacturing and service sector PMI, buoyant GST colle...
- US business activity stable in March; inflation picks upU.S. business activity stable with surging prices and manufacturing strength. Despite Federal Reserve rate hikes, the economy outperforms g...
- China manufacturing slump weighs on Asia factory activityJapan’s PMI also fell to 47.2 from 48, dragged down by its sharpest decline in exports in 11 months, according to data published by au Jibu...
- RBI MPC: Service exports growth rate plunges from a year agoWhile India’s service exports grew amid falling merchandise exports, the growth rate appears to have dropped compared to last year.
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